NOT LISTED FOR SALE

411 W Dallas Ave Artesia, NM 88210

Estimated Value: $131,000 - $255,000

2 Beds
1 Bath
2,754 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 31, 2020

Current estimated payment $1,237/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Central Elementary School Rated A-
  • No HOA
  • Refrigerated Cooling System

About This Home

As of January 2020

You do not want to miss this excellent investment opportunity!! 3 unit rental property, plus 3 unit garage; New carpet; this property has been on a rental program for several years and is consistently rented with very rare vacancies; all units are 2 bedroom, 1 bath; in-town location, close to churches, parks and schools. Call your favorite broker or Lois Oliver Real Estate 575-748-9735 for your private showing.

Last Agent to Sell the Property

Karen Matthews

LOIS OLIVER REAL ESTATE Listed on: 08/08/2019

Last Buyer's Agent

Fabiola Sotelo

LOIS OLIVER REAL ESTATE License #REC-20220-0231

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1960

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Fenced
  • Landscaped

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Siding
  • Stucco

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $580
  • Assessor Parcel Number 4152099324221

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,315

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: corner of Dallas and 5th St
  • Year Built: 1960
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Yes
  • ResoLotFeatures: Landscaped
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Conventional, Traditional
  • Reso Flooring: Carpet, Vinyl, Wood
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Appliances: Free-Standing Range, Refrigerator, Electric Water Heater, Gas Water Heater
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced, Fence
  • Acres: 0.1607
  • Construction Type: Siding, Stucco
  • Exterior Features: Sidewalk
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Garbage, Cable Connected
  • Cooling: A/C-Refrigerative, Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s)
  • HeatingYN: Yes
  • Water Source: Water-City

Condo/Co-op/Association

  • Community Features: Onsite Storage
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4152099324221
  • Zoning Description: R-2
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Year: 2019

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 580
  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Whipple Ludene Lowell and Whipple Julia Marie
Bought by
Whipple Julia Marie
Current Estimated Value
$211,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,795
Outstanding Balance
$159,947
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$57,591

Purchase Details

Listed on
Aug 8, 2019
Closed on
Jan 29, 2020
Sold by
Liddle Gary T and Liddle Lorena
Bought by
Ferguson Julia M
Seller's Agent
Karen Matthews
LOIS OLIVER REAL ESTATE
Buyer's Agent
Fabiola Sotelo
LOIS OLIVER REAL ESTATE
List Price
$199,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$173,992
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2005
Sold by
Harper David W
Bought by
Liddle Gary T and Liddle Lorena
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Whipple Julia Marie -- None Available
Ferguson Julia M -- None Available
Liddle Gary T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whipple Julia Marie $172,795
Closed Ferguson Julia M $173,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold -- -- --
08/08/2019 08/08/19 For Sale $199,899 -- $73 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
08/03/2017 08/03/17 Sold -- -- --
08/03/2017 08/03/17 For Sale -- -- --
Source: New Mexico MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,315 $59,881 $2,520 $57,361
2023 $1,315 $62,268 $2,520 $59,748
2022 $1,498 $61,466 $2,520 $58,946
2021 $1,521 $60,595 $2,520 $58,075
2020 $1,126 $43,913 $2,520 $41,393
2019 $1,120 $43,913 $2,520 $41,393
2018 $1,159 $43,913 $2,520 $41,393
2017 $1,028 $45,235 $2,600 $42,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20193809

New Mexico MLS

APN: 4-152-099-324-221